8900 Ipswich Bay DR, Austin TX 78747

The estimated value of this property is $344,566, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $293,000 and $303,000. In the current SHELDON market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. Being 210 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 2006, this home is 6 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in SHELDON; a buyer's market based on recent absorption. Recent trends in SHELDON show home values have fallen 0.4% since 6 months ago. The most comparable recent sale is 9100 Winter Haven RD, Austin TX 78747, with an adjusted value of $363,119; a strong comparable. Based on 7 relevant data points in SHELDON, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX